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2 years ago

A trucking company is hired to deliver 125 lamps for $12 each the company agrees to pay $45 for each lamp that is

1 answer:

8 0

If this is the whole problem:
<span>A trucking company is hired to deliver 125 lamps for $12 each. The company agrees to pay $45 for each lamp that is broken during transport. If the trucking company needs to receive a minimum payment of $1365 for the shipment to cover their expenses, find the maximum number of lamps they can afford to break during the trip.

My answer is 3 lamps.

125 lamps * 12 each = 1,500 total revenue
</span>
Minimum revenue: 1,365

1,500 - 1,365 = 135 excess from minimum revenue.

135 ÷ 45 charge of broken lamp = 3 lamps.

The company can afford to break a maximum of 3 lamps w/o falling below its minimum payment.

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if Jane attends graduate school, it will take her two years, during which time she will earn no income. She will pay a total of

Soloha48 [4]

Answer:

she could earn a total of $71,000 instead of attending graduate school.

Explanation:

economic costs = accounting costs + opportunity costs

Jane's accounting costs = $100,000 in tuition + $20,000 room and board + $2,000 books

Jane's opportunity costs = unearned wages - $18,000 room and board (already included in accounting costs)

if Jane's economic cost = $175,000, then her unearned wages would equal:

$175,000 = $122,000 + unearned wages - $18,000

$175,000 = $104,000 + unearned wages

$71,000 = unearned wages

5 0

2 years ago

TB MC Qu. 7-137 Farris Corporation, which has ... Farris Corporation, which has only one product, has provided the following dat

brilliants [131]

Answer:

Net operating income= $11,250

Explanation:

Giving the following information:

Selling price $144

Units sold 8,950

Variable costs per unit:

Direct materials $26

Direct labor $68

Variable manufacturing overhead $14

Variable selling and administrative expense $18

Total variable cost= $126

Fixed costs:

Fixed manufacturing overhead $140,250

Fixed selling and administrative expense $9,600

<u>Variable costing income statement:</u>

Sales= 8,950*144= 1,288,800

Total variable cost= (126*8,950)= (1,127,700)

Contribution margin= 161,100

Fixed manufacturing overhead= (140,250)

Fixed selling and administrative expense= (9,600)

Net operating income= 11,250

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2 years ago

Delta Insurance Company has a surplus-share treaty with Eversafe Reinsurance. Delta has a retention limit of $200,000, and nine

Luba_88 [7]

Answer:

Delta is responsible for insuring $200,000 / $1,600,000 = 1/8 of the building

Eversafe is responsible for 1 - 1/8 = 7/8

the loss = $1,600,000 x 40% = $640,000

Delta will pay 1/8 x $640,000 = $80,000

Eversafe will pay $640,000 - $80,000 = $560,000

in order for Eversafe to pay:

$600,000, the total loss = $685,714, or 42.86% of the building
$700,000, the total loss = $800,000, or 50% of the building
$720,000, the total loss = $822,857, or 51.43% of the building
$800,000, the total loss = $914,286, or 57.14% of the building

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2 years ago

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